Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.99. Commercial and Industrial Financing. |
Article 3.99.5. Development Finance Program. |
Section 3.99.850. Ability to repay.
Latest version.
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The department shall consider the following factors in evaluating an applicant's ability to repay: (1) income history, including present income; (2) prospects for future income; (3) assets and their liquidity; (4) liabilities; (5) reasonableness of projected profit and loss statement; and (6) other relevant experience.
Authorities
44.88.600;44.88.610;44.88.620